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UAE market signs climb midday
The UAE financial markets continued their positive performance during mid-day trading on Monday, with the Dubai Financial Market Index increasing by 1.018% to reach 5,845.9 points, gaining approximately 58.93 points. Active trading involved 85.56 million shares valued at a total of 254.17 million dirhams through 8,063 transactions. The share of "Em creditor Holding" led the gainers, rising by 3.333%, while the share of "Emirates Investment Bank" declined by 4.939%. In Abu Dhabi, the index rose by 0.335% to close at 9,861.05 points, with trading valued at 571.67 million dirhams involving 132.43 million shares across 13,504 transactions. The most prominent stocks by value and volume were "Emaar Properties" and "Demand" respectively. The top performer was "Ishraq Investment," which increased by 1.739%, while "National Corporation for Tourism and Hotels" experienced the largest decline, dropping by 4.817%.
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